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Indiana Michigan Power Company is a public utility subsidiary of American Electric Power (NYSE:AEP), an electric power company.
According to Pennsylvania Power Company, it received a Motor Vehicle Fleet Safety Improvement Award for its exceptional reduction in motor vehicle accidents in 2010 as compared to the previous year.
Sources said some other minority stakeholders of Sohar Power are also considering to divest their holding in the power company, which has a generation capacity of 585 MW of power and 33 million imperial gallon of desalinated water per day.
Customers are not the only ones disillusioned with Light; many investors also have dumped the power company's stock due to poor financial performance.